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Boeing Center for Technology, Information and Manufacturing
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Master's degree will give students competitive edge in vital career sector
Olin Business School announces new degree in supply chain management
May 18,
2009 -- The Olin Business School at Washington University in St. Louis will launch a Master of Science in Supply Chain Management specialized program in September 2009. The 12-month, 36-credit-hour program will be multi-disciplinary with a cutting-edge curriculum and active collaboration with industry leaders and the supply chain issues they encounter.
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Battling the recession and slashing costs on the high seas
New study shows how shipping business can stay afloat in sinking economy
Feb. 26,
2009 --
A new study from the Boeing Center for Technology, Information and Manufacturing (BCTIM) at the Olin Business School, calls on shipping companies to increase their use of full-container loads with specific delivery dates to reduce costs and counter the effects of the recession on global trade. Panos Kouvelis, BCTIM director and distinguished professor of operations and manufacturing management at Washington University in St. Louis - Olin Business School, co-authored the study with Jian Li. In their paper, "Managing the New Uncertainty," they recommend the changes in the shipping supply chain as the "logical next step" for ocean freight services.
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Managing the supply chain
How the Gap could have avoided entanglement with child labor
Nov. 21,
2007 --
If it is a surprise to Gap Inc. that some of its clothing manufactured in India was made by young children, then the company didn't do a thorough job investigating the pros and cons of international outsourcing, according to Panos Kouvelis, the Emerson Distinguished Professor of Operations and Manufacturing Management at the Olin Business School at Washington University in St. Louis.
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Advancing competitively requires firms to be self-aware and capable to implement plans, business professors say
Business innovation is not dependent on creative people
Oct. 9,
2006 --
American companies continue to grapple with staying competitive in the global economy. Increasingly, companies and business gurus are citing innovation as the key to sustaining American business' strength. What's not clear is what it means for a company to be innovative. Washington University business professors say the best way to infuse innovation into a company is not by hiring creative people, but by managing innovation in a systematic way. More...
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Professor to speak on whether the USGA system levels the playing field
Golf handicapping:Good for the strong, not the weak
Sept. 11,
2006 -- Research indicates that the system for computing golfers' handicaps favors strong, steady players. The professor will present his findings on Friday, September 15. 10:30 a.m., at the Charles F. Knight Center on Washington University's campus. The lecture is sponsored by the Boeing Center for Technology, Information and Manufacturing at the Olin School of Business.
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Why China is a threat to American companies
Low price doesn't always mean low quality, but it could mean a challenge to high-end products
June 8,
2006 --
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| Low quality threatens the high end. |
What company wouldn't attribute its profits to the quality product it produces? The answer might be: the company that competes on price. According to research from Washington University in St. Louis, producers of lower quality products actually have better prospects for gaining market share and improving their bottom line. The findings indicate the Chinese manufacturers could easily gain an edge over American producers. More...
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Olin School of Business at forefront of building models to help businesses coordinate decisions
Globalization forces companies to align financial and operational departments, WUSTL professor says
July 5,
2005 --
In the global economy, running a business is especially risky when finance and operations are ignorant of the other's business. The risk factors go beyond the usual challenges of matching supply and demand to include unanticipated commodity price shocks, volatile exchange rates, and unexpected supply disruptions as a result of forces beyond our controls, such as physical disasters and terrorist attacks. Rather than let companies discover the perils the hard way, Professor Panos Kouvelis of the Olin School of Business at Washington University in St. Louis is spearheading efforts in academia to create models of how finance and operations can work together to achieve maximum success.
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Holiday retail prices
Dynamic pricing in retail can boost bottom line
Dec. 9,
2004 --
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| The right pricing strategy can keep the cash register full. |
Determining the right pricing strategy can make or break the overall profitability of a firm, especially during the all-important December holiday season. One such strategy, dynamic pricing, long practiced in the airline and hotel industries, is showing promise and profitability in the world of retail. When applied to products sold over a short sales season — new toys, skiwear, and the like — dynamic pricing can boost profits for a firm, say two professors of the Olin School of Business at Washington University in St. Louis.
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Supply chain management
'Dynamic Menus' help businesses cater to customers
July 19,
2004 --
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| Olsen |
Today, when you walk into a car dealer and order a new automobile, you pay the same price and get the same wait for delivery as every other customer. But in the future, as Tava Olsen sees it, instead you'll select your price and delivery date from a dynamic menu of lead-times and prices, where you can pay more for quick delivery or get a better price for waiting. While such options benefit the customer, they also pay bottom-line benefits for the retailer and manufacturer, says Olsen, associate professor of operations and manufacturing at Washington University's Olin School of Business. To help companies reap those benefits, she's engaged in groundbreaking theoretical research funded by a National Science Foundation (NSF) grant to tell them just how to do it.
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Is the price right?
'Dynamic pricing' in retail can boost bottom line, research shows
Feb. 10,
2004 -- Determining the right pricing strategy can make or break the overall profitability of a firm. One such strategy, dynamic pricing, long practiced in the airline and hotel industries, is showing promise and profitability in the world of retail. When applied to products sold over a short sales season—new toys, skiwear, and the like— dynamic pricing can boost profits for a firm, according to research recently conducted by two professors at the Olin School of Business at Washington University in St. Louis.
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